News: WLD Wellard updates on Company's IPO share sale agreement separation settlement

June 26 (Reuters) - Wellard Ltd (WLD) :

• Separation settlement update (WLD)
• Adjustment amount, which wgh holdings pty ltd (wgh) must pay Wellard to

  deliver Wellard balance sheet, agreed at $15.8 million

• Says after taking independent advice, the committee has entered into

  negotiations with wgh seeking to agree a 3 month loan

• Wgh advised committee that seeking to make arrangements which will enable it

  to pay adjustment amount within 3 month period

• Intends to make such repayment without recourse to selling any of the Wellard

  shares it owns